Dec 23, 2012 9:00am PST
? are there other volatile hotspots around the globe? >> in terms of foreign policy, we have to get our economy going. that's the number-one thing we need for the united states of america. got to deal successfully with china as they grow. got to deal with the terrorists, and we've got to manage the circumstances in the middle east. so people in washington and the foreign affairs business are going to be very, very busy. iran, syria, israel, the palestinians, a new constitution in egypt, and all around the periphery of the middle east there are still terrorist elements. and there's a problem in north africa with terrorists. >> and i was also going to add to the conversation north korea. >> that's right. >> you heard the news today, they say they have a missile that could potentially reach the united states. of course it could be weaponized. what's your reaction to that? >> well, we've known this was coming for a long time and we have a missile defense program, a rudimentary program, but it's been in place, put it in place several years ago, and it's designed specifically to handle this. actually
Dec 29, 2012 5:00am PST
? >> so in fact it very important to our foreign policy and we're exporting our way of thinking of intellectual property. >> this is treasury secretary tim geithner slamming china on exactly this. >> we're seeing china continue to be very, very aggressive in a tragedy that they started decades ago which goes like this, we want you to tell to our country, we want you to come produce here. if you want to come produce here, we want to you export from china. if you want to come to produce here, you need to transfer your technology to us. and they have made possible systematic stealing of intellectual property of american companies and have not been aggressive in putting in the protection for the intellectual property that everyone needs. >> this is one of the big objectives is making sure that there are legal agreements in place that are going to export our intellectual property regime. >> right. and economic espionage is something that could be draining america of economy. what i'm trying to get is a balance between the public access and the investors incentive and that's where we'